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3 candle pattern

  • #1
  • First Post: Feb 28, 2020 2:03pm Feb 28, 2020 2:03pm
Hi Friends,

Can this 3 candle pattern be coded with buy/sell alerts ...

Thanks a lot

BUY :

Bar 1 Closes Down
Low of Bar 2 is Below Low of Bar 1(and Bar 3)
Bar 3 Closes Above the High of both Bar 1 and Bar 2
Buy at Close of Bar 3.

Attached Image



SELL :

Bar 1 Closes Up High of Bar 2 is Above the High of Bar 1(and Bar 3)
Bar 3 Closes Below the Low of Both Bar 1 and Bar 2
Sell at Close of Bar 3

Attached Image
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #2
  • Feb 29, 2020 2:34pm Feb 29, 2020 2:34pm
Can somebody please help ...

Thanks
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #3
  • Feb 29, 2020 3:25pm Feb 29, 2020 3:25pm
interesting concwpt
Le$$ I$ More
  • #4
  • Mar 1, 2020 6:16am Mar 1, 2020 6:16am
I am sure this has been done before.

As I understand it, for a Sell Signal, it is 2 successive candles with higher highs then 3rd candle with a close below the
previous 2 candle lows, is that correct ?

Vice versa for a Buy Signal.
It never gets easier, you just get better
  • #5
  • Mar 1, 2020 7:16am Mar 1, 2020 7:16am
Quoting Roszey
interesting concwpt
Interesting spelling.
All you touch and all you see, is all your life will ever be.
  • #6
  • Mar 2, 2020 1:08am Mar 2, 2020 1:08am
Quoting Shabs19
I am sure this has been done before. As I understand it, for a Sell Signal, it is 2 successive candles with higher highs then 3rd candle with a close below the previous 2 candle lows, is that correct ? Vice versa for a Buy Signal.
Yes ...

If possible ... can you please share the indicator ?

Thanks
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #7
  • Mar 2, 2020 2:08am Mar 2, 2020 2:08am
Quoting rpasupathy
{quote} Yes ... If possible ... can you please share the indicator ? Thanks
I don't think there is an indicator to share. It's all done with the eyes.
All you touch and all you see, is all your life will ever be.
  • #8
  • Mar 2, 2020 9:49am Mar 2, 2020 9:49am
check
Attached File(s)
File Type: mq4 3candles_rpasupâthy.mq4   5 KB | 786 downloads
  • #9
  • Mar 2, 2020 11:56am Mar 2, 2020 11:56am
Quoting paulselvan
check {file}
Thanks for sharing. How do we change the X symbol in chart to something like a Arrow up symbol?
Believe in your thesis and stick to the plan, don't get scared with moves
  • #10
  • Mar 5, 2020 1:46am Mar 5, 2020 1:46am
Quoting akash14
{quote} Thanks for sharing. How do we change the X symbol in chart to something like a Arrow up symbol?
you can change code

PlotIndexSetInteger(0,PLOT_ARROW,159);
PlotIndexSetInteger(1,PLOT_ARROW,159);

to up arrow (233) and down-arrow (234) like

PlotIndexSetInteger(0,PLOT_ARROW,233);
PlotIndexSetInteger(1,PLOT_ARROW,234);
  • #11
  • Mar 9, 2020 11:51pm Mar 9, 2020 11:51pm
Quoting BlueRain
{quote} you can change code PlotIndexSetInteger(0,PLOT_ARROW,159); PlotIndexSetInteger(1,PLOT_ARROW,159); to up arrow (233) and down-arrow (234) like PlotIndexSetInteger(0,PLOT_ARROW,233); PlotIndexSetInteger(1,PLOT_ARROW,234);
That did not work but i found this solution in 1 of the forum.
Quote
//--- setting a code from the Wingdings charset as the property of PLOT_ARROW
PlotIndexSetInteger(0,PLOT_ARROW,159);

which does nothing and should be replaced with
SetIndexArrow(0,159);


That helped me.
Believe in your thesis and stick to the plan, don't get scared with moves
  • #12
  • Last Post: Edited 4:45am Mar 15, 2020 4:32am | Edited 4:45am
Quoting akash14
{quote} That did not work but i found this solution in 1 of the forum. {quote} That helped me.
Sorry, You are correct.


if you want to make more adjustable, ( size, and arrow , color )

-put this to global.

extern int arrowSize = 2;

extern int uparrowCode = 233; //up
extern int dnarrowCode = 234; //down
//Arrow color
extern color MarkerColorUp = LimeGreen;
extern color MarkerColorDown = OrangeRed;




and put this to init()

//marker
SetIndexStyle(0, DRAW_ARROW,EMPTY,arrowSize,MarkerColorUp);
SetIndexStyle(1, DRAW_ARROW,EMPTY,arrowSize,MarkerColorDown);

// arrow symbols
SetIndexArrow(0,uparrowCode );
SetIndexArrow(1,dnarrowCode);
Attached Image (click to enlarge)
Click to Enlarge Name: wingding.JPG Size: 90 KB
Attached Image
Attached File(s)
File Type: mq4 3candles_rpasupathy.mq4   6 KB | 624 downloads
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